Egypt, COVID-19, and the economy: A combustible mix?

Source: Brookings Author(s): Geneive Abdo Original Link: https://www.brookings.edu/opinions/egypt-covid-19-and-the-economy-a-combustible-mix/ Egyptians, known throughout the Middle East and North Africa (MENA) region for their flamboyant Ramadan celebrations, are experiencing a more subdued month of fasting this year. If the lack of merriment were the only casualty in the time of COVID-19, it...

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Egypt’s potential perfect storm: Pandemic, recession, returnees, and remittance losses

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/blog/egypts-potential-perfect-storm-pandemic-recession-returnees-and-remittance-losses Last December looked particularly rosy for Egypt’s minister of manpower, Mohamed Saafan. Egypt’s unemployment rate, which had been steadily falling since 2016, was at 7.8 percent, the lowest level in 30 years...

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New austerity measures could hit Egypt’s most vulnerable hard

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link:  https://www.mei.edu/blog/new-austerity-measures-could-hit-egypts-most-vulnerable-hard Amid socially and economically frustrating conditions due to the pandemic, Egyptians may soon have another trial to weather: more austerity measures. For a people who are already struggling with the effects of the last round of...

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How has Egypt navigated the ongoing global economic fallout as a result of COVID-19?

Source: The Tahrir Institute for Middle East Policy Author(s): Mohamed El Dashan Original Link: https://timep.org/commentary/analysis/how-has-egypt-navigated-the-ongoing-global-economic-fallout-as-a-result-of-covid-19/ No country in the world will emerge from the COVID-19 pandemic unscathed. As states and societies learn how to manage the virus and implement regulations to slow its spread...

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Egyptian Strategic Report 2019

Source: Egyptian Institute for Studies Author(s): Research and Studies Unit Original Link:  https://en.eipss-eg.org/egyptian-strategic-report-2019/ There is much debate among observers on the reality of Egyptian economy, in light of the successive decisions, laws and enterprises, described as “national projects”, that have excessively relied on domestic and external borrowing for their...

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Report – U.S. Security Assistance to Egypt: Examining the Return on Investment

Source: Project on Middle East Democracy Author(s): William D. Hartung and Seth Binder Original Link:  https://pomed.org/report-u-s-security-assistance-to-egypt-examining-the-return-on-investment/ In a new report jointly published by POMED and the Center for International Policy (CIP), “U.S. Security Assistance to Egypt: Examining the Return on Investment,” coauthors Seth Binder of POMED...

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Egypt’s Suez Canal: A ray of light amid the economic gloom

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/blog/egypts-suez-canal-ray-light-amid-economic-gloom-0 As the full impact of the COVID-19 pandemic began to seep in, it was clear that Egypt’s economy, like that of much of the world, would take one serious hit after another Read more at original link

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Countermeasures for the COVID-19 Outbreak in Egypt: This Time is Really Different

Source: Economic Research Forum Author(s): Sarah El Khishin Original Link:  https://erf.org.eg/publications/countermeasures-for-the-covid-19-outbreak-in-egypt-this-time-is-really-different-2/ In their book This Time Is Different, Carmen Reinhart and Kenneth Rogoff argue that although policy-makers usually believe the opposite, crises in recent history are generally initiated by similar causes...

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Challenges to Egypt from the Coronavirus Pandemic

Source:  The Institute for National Security Studies Author(s): Ofir Winter and Tzvi Lev Original Link:  https://www.inss.org.il/publication/egypt-coronavirus-test/ The coronavirus crisis presents Egypt with a host of challenges, given its large, densely-packed population, an economy exposed to global shockwaves, and a fragile health system. As it continues, the crisis will...

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Egypt: COVID-19 and antiquities officials, reluctance and confusion

Source: Egyptian Institute for Studies Author(s): Hussein Duqeil Original Link: https://en.eipss-eg.org/egypt-covid-19-and-antiquities-officials-reluctance-and-confusion/ As Egyptian tourism was beginning to recover from its depression over years, the outbreak of the coronavirus has led to full deterioration of tourism activity in the country. Although this crisis has negatively affected...

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Renaissance Dam – The Question of War and Negotiation

Source: Egyptian Institute for Studies Author(s): Essam Abdel Shafy Original Link: https://en.eipss-eg.org/renaissance-dam-the-question-of-war-and-negotiation/ Amid accelerated developments in the issue of the Grand Ethiopian Renaissance Dam (GERD), against the backdrop of negotiation rounds held under the auspices of the United States during the period from December 2019 to February 2020...

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Fragile Fundamentals Under the Strain of Global Crisis: Egypt’s Economy During and After COVID-19

Source: The Tahrir Institute for Middle East Policy Author(s): Timothy E. Kaldas Original Link: https://timep.org/commentary/analysis/fragile-fundamentals-under-the-strain-of-global-crisis-egypts-economy-during-and-after-covid-19/ It’s increasingly clear that the outbreak of COVID-19 will be devastating for the global economy. The IMF has declared that the economic fallout will be the worst...

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